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Western Mines Group Ltd (AU:WMG)
ASX:WMG
WMG Stock Chart & Stats
AU$0.23
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.23
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.09 - AU$0.34
Previous CloseN/A
Volume4.06K
Average Volume (3M)114.91K
Market Cap
AU$25.59M
Enterprise ValueAU$19.44M
Total Cash (Recent Filing)AU$1.56M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.57
Next Earnings
Mar 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding113,748,344
10 Day Avg. Volume52,334
30 Day Avg. Volume114,906
Financial Highlights & Ratios
PEG Ratio3.38
Price to Book (P/B)1.20
Price to Sales (P/S)1383.95
P/FCF Ratio-4.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetA consistently debt-free balance sheet materially reduces refinancing and interest-rate risk for an exploration company. This structural advantage preserves capital flexibility, enabling the firm to allocate available equity to exploration or to negotiate farm-outs without near-term debt pressure, sustaining operations through multi-stage project cycles.
Growing Equity BaseMeaningful equity growth increases the company’s funding capacity and supports a larger asset base, improving its ability to finance exploration and technical studies. Over the medium term this strengthens bargaining power for JV/farm-out deals and reduces the immediacy of funding shortfalls compared with firms that lack equity growth.
Focused WA Exploration PortfolioA clear, regionally focused exploration strategy concentrates geological and technical expertise on a single jurisdiction and tenement set, increasing operational efficiency. Combined with the company’s explicit monetization pathways (asset sales, farm-outs, JV), this concentrated approach creates structurally clearer options to realize value from discoveries over the medium term.
Bears Say
Persistent Negative Cash FlowContinuous operating and free cash outflows create a structural funding requirement that forces repeated capital raises or partner-funded programs. Over 2–6 months this persistent burn constrains runway, increases dilution risk for existing shareholders, and may force project prioritization that delays resource definition or development.
Firmly Loss-making With Inconsistent RevenueSustained losses and minimal, irregular revenue highlight that the company lacks operating cash generation and scalable margins today. This structural deficit limits reinvestment capacity, elongates the timeline to break-even, and increases dependence on external funding or successful asset transactions to demonstrate long-term viability.
Reliance On External Funding And Asset MonetizationThe company’s business model depends on equity raises and contingent monetization events to fund exploration and advance projects. Such dependence is structurally dilutive and outcome-dependent: delays or weak partner interest can stall progress, while successful monetization is uncertain and may be protracted, affecting long-term value realization.
Western Mines Group Ltd News
WMG FAQ
What was Western Mines Group Ltd’s price range in the past 12 months?
Western Mines Group Ltd lowest share price was AU$0.09 and its highest was AU$0.34 in the past 12 months.
What is Western Mines Group Ltd’s market cap?
Western Mines Group Ltd’s market cap is AU$25.59M.
When is Western Mines Group Ltd’s upcoming earnings report date?
Western Mines Group Ltd’s upcoming earnings report date is Mar 18, 2026 which is in 23 days.
How were Western Mines Group Ltd’s earnings last quarter?
Currently, no data Available
Is Western Mines Group Ltd overvalued?
According to Wall Street analysts Western Mines Group Ltd’s price is currently Overvalued.
Does Western Mines Group Ltd pay dividends?
Western Mines Group Ltd does not currently pay dividends.
What is Western Mines Group Ltd’s EPS estimate?
Western Mines Group Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Western Mines Group Ltd have?
Western Mines Group Ltd has 113,748,344 shares outstanding.
What happened to Western Mines Group Ltd’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Western Mines Group Ltd?
Currently, no hedge funds are holding shares in AU:WMG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Western Mines Group Ltd Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.27%
12-Months-Change
Fundamentals
Return on Equity
-16.05%
Trailing 12-Months
Asset Growth
3.91%
Trailing 12-Months
Company Description
Western Mines Group Ltd
Western Mines Group Ltd, a mineral exploration company, engages in the exploration and development of mineral properties in Australia. The company explores for nickel, copper, platinum group elements, and gold deposits. Its flagship project is the Mulga Tank project comprising exploration licence E39/2132 and exploration licence applications E39/2223 and E39/2299, covering an area approximately 395 square kilometers located in the east-northeast of Yilgarn Craton, Western Australia. The company project portfolio includes the Jasper Hill project consisting of exploration licences E39/2073, E39/2079 and prospecting licence application P39/6267, covering an area of 71.4 square kilometers; and the Rock of Ages Project comprises prospecting licence covering an area of 9.71 hectares located in southeast of Laverton. In addition, it holds interest in the Melita Project consisting of exploration licence covering an area of approximately 105 square kilometers; the Pavarotti Project comprises exploration licence E77/2478 and exploration licence application E77/2746 covering surface of 12.8 square kilometers; the Pinyalling Project comprises exploration licence application covering an area of 55 square kilometers; the Youanmi Project consists of exploration licence E57/1119 and prospecting licence P57/1450 covering an area of 12 square kilometers; and the Broken Hill Bore Project comprises exploration licence covering an area of 2.6 square kilometers located in Yilgarn Craton, Western Australia. The company was incorporated in 2020 and is based in West Perth, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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